An assassin who was suspected of the execution murder of Australian Federal Police assistant commissioner Colin Winchester 30 years ago has been allegedly identified after a secret police ­review into Italian mafia operations in Australia. 

Sydney home values  have shrunk in almost three-quarters of city suburbs over the past three months in what’s shaping up to be one of the sharpest property market turnarounds in history. 

A flood report prepared for the NSW government to guide the location of evacuation routes and future development has not been released to the public, leaving homeowners and developers in limbo. 

James Packer’s summer carnival kicked off this week with actors, businessmen and famous offspring  all boarding the billionaire’s superyacht IJE in France. 

For updates and breaking news throughout the day take out a subscription at dailytelegraph.com.au